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Grit Real Estate Income Group

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Market:
LSE
Market Cap:
$371.12 m
Price
1.26 USD
Change
1.21%
52 weeks high
1.46
52 weeks low
1.24

In brief

Grit Real Estate Income Group is a listed property income group operating in carefully selected African countries. The Company optimizes its structural investments underpinned by solid property fundamentals to achieve superior US Dollar and Euro based returns.

Grit’s strong management team has over 59 years’ experience on the continent and is supported by in-country asset and property managers. Key executives are significantly invested in the Company on a no free carry basis, ensuring alignment with shareholders.

Deep dive We explore the investor case for growth companies

Snapshot

  • 'On track' to deliver 12% shareholder return
  • Continues to add high quality assets to its portfolio
  • US$600mln pipeline of potential investment opportunities
  • Plans to move to premium segment of the London market